INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +94.75+

Last Update At 27 Jul 2009 01:30 GMT

Despite dlr's sideways move in NY session on Fri
day, current price action suggests as long as minor
sup at 94.55/59 holds, consolidation with upside
bias remains but abv last week's 95.30 high needed
to extend recent upmove to 95.55/60 later.

Incline to buy on dips n only a firm break of
said sup wud risk stronger retracement to 94.20/30.

Range Forecast

94.65 / 94.90

Resistance/Support
R: 95.17/95.30/95.70
S: 94.59/93.88/93.45